GOLD HILL, Nev., Nov. 17 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today that it has retained Moelis & Company to serve as the Company's exclusive financial advisor in connection with the evaluation and possible renegotiation of the Company's capital structure, the examination of various financing sources and the implementation of an investor relations awareness program.

"This strategic relationship will greatly benefit GoldSpring as we advance our plans to restart production and continue to drill and explore our landholdings at our Comstock Mine Project," stated Rob Faber, GoldSpring's Chief Financial Officer. "We are confident that Moelis's advisory and capital markets expertise and its history of success will enable us to finance our Comstock Mine Project on favorable terms."

Moelis & Company is a global investment bank that provides financial advisory services and capital raising solutions to clients in connection with mergers and acquisitions, restructurings and other strategic matters. The firm also manages investment funds that integrate capital with its advisory expertise. Moelis & Company serves a broad client base through its offices in New York, Boston, Chicago, London, Los Angeles and Sydney. For more information, please visit http://www.moelis.com/.

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District. In the Company's relatively short history, it secured permits, built an infrastructure and brought the Comstock Lode project into production. Since 2005, the Company has been acquiring additional properties around its Comstock Lode project in northern Nevada, expanding its footprint and creating opportunities for exploration and mining. A drilling program through early 2009 has produced encouraging results, and led to increased engineering and permitting activities with the goal of returning the mine to production. The Company's objectives are to resume mine production, optimize metallurgical and mine processes, increase reserves through exploration and acquisitions, and continue to expand its footprint in the Comstock.

Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms on this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml

The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are 'forward-looking,' as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent filings with the U.S. Securities and Exchange Commission, that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring.

These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'should,' 'will,' and 'would' or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

GOLD HILL, Nev., Nov. 2 /PRNewswire-FirstCall/ -- GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today that the Nevada Division of Environmental Protection (NDEP) has approved a major modification to its Water Pollution Control Permit. The modification was requested to allow the addition of a milling operation that will increase the recovery of gold and silver at its Comstock Mine Project.

The changes to the process facilities approved under the permit modification include:

-- Installation of a new three-stage crushing system; -- Construction and operation of two new crushed-ore storage areas; -- Implementation of a high-grade ore milling circuit in a contained area; -- Increasing the capacity of the leach solution pumping systems; -- Construction of a new pregnant solution pond; and

-- Doubling the Merrill-Crowe processing plant capacity.

"The mill will greatly improve the economics of the project," stated Jim Golden, GoldSpring's Chief Operating Officer (COO). "Tests by an independent metallurgical laboratory concluded that the addition of a mill will improve gold recovery from 65% to approximately 95%. This permit keeps us on track to reopen the mine in 2010."

The issuance of this major modification to the Water Pollution Control Permit included roughly six months of engineering, metallurgy, and project design to prepare the comprehensive permit application. After submitting the application to NDEP in February 2009, the GoldSpring engineering team met with NDEP engineers several times to ensure efficient design, engineering, and operating practices, as well as environmental integrity.

Dennis Anderson, GoldSpring Senior Engineer, said, "The engineering team worked closely with NDEP on the permit modification. Receiving this permit is an important milestone towards reopening the mine. This major modification to the primary operating permit affords a significantly enhanced opportunity for precious metals production."

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District. In the Company's relatively short history, it secured permits, built an infrastructure and brought the Comstock Lode project into production. Since 2005, the Company has been acquiring additional properties around its Comstock Lode project in northern Nevada, expanding its footprint and creating opportunities for exploration and mining. A drilling program through early 2009 has produced encouraging results, and led to increased engineering and permitting activities with the goal of returning the mine to production. The Company's objectives are to resume mine production, optimize metallurgical and mine processes, increase reserves through exploration and acquisitions, and continue to expand its footprint in the Comstock.

Cautionary Note to U.S. Investors: The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms on this press release, such as "measured", "indicated", and "inferred" resources, which the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-KSB which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml

The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by GoldSpring) contains statements that are 'forward-looking,' as defined in Section 21E of the Securities Exchange Act, such as statements relating to the future anticipated direction of the high technology and energy industries, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth, mining capability and potential contracts. Such forward-looking information involves important risks and uncertainties, which include the risk factors disclosed in our most recent filings with the U.S. Securities and Exchange Commission, that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of GoldSpring.

These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state tax laws and market competition factors. These and other factors, which could cause actual results to differ materially, are discussed in more detail in GoldSpring's filings with the Securities and Exchange Commission. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as 'anticipate,' 'believe,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'should,' 'will,' and 'would' or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

2. Circuit Girls is a term used for *escorts* that travel from city to city providing "services". One article that I found spoke of "Circuit Girls" that followed certain NFL teams.

This being said, I can't help but to think that Spongetech has emblazoned the sponge that is pictured on the Dicon site as a way of letting us know that they are pranking the world. Also known as screwing us all.

As of 3:52 PM ET 11/17/09
Cord Blood America, Inc. (OTC Bulletin Board: CBAI), the umbilical cord blood stem cell preservation company (http://www.cordblood-america.com ) focused on bringing the life saving potential of stem cells, a biological insurance policy, to families nationwide and internationally, announced today that its 10Q filing with the U.S. SEC for the three and nine-month period ended September 30, 2009, confirmed its announcements throughout 2009 that it is significantly reducing debt.

Notes and loans payable were reduced from $6.8 million at December 31, 2008 to $929,438 at September 30, 2009. These are listed in detail on page 11, note four of the filing. "Our asset to liability ratio is improving dramatically, a significant benchmark for a healthy company," said Matthew Schissler, co-founder and CEO. "We are proud to have significantly strengthened our balance sheet in 2009. We are most pleased to report the large 2009 debt reduction in current liabilities, from $13.59 million to $5.58 million. We also note that our market cap is up approximately 600 percent since the end of 2008."

"Gross margins increased from 54.3 to 62.7 percent as we emphasized our higher margin cord blood storage business instead of our advertising division, which we are phasing out," said Mr. Schissler. "We expect an increase in this important trend in 2010." Cord Blood America also noted that expenses increased in the quarter, with construction of the Company's new laboratory in Las Vegas. A decrease in revenues is attributable to a de-emphasis on the advertising business coupled with difficult economic conditions. The decrease to $838,238 in the third quarter and $2.6 million for the first nine months of 2009 is compared to $927,359 and $3.3 million in the comparable periods in 2008.

"The year 2009 focused on cleaning up the balance sheet and our third quarter results continue to validate our progress. The year 2010 will be laser focused on leveraging opportunities with our new laboratory, with special emphasis on diversifying revenue streams. Organic growth in the core stem cell processing and storage business and accretive acquisitions will also be primary targets for increasing the top line in 2010," said Mr. Schissler.

yes indeed....I'm enjoying a teeny bit of $$$ on this one....I'm pinching myself....qasp and behl were trading at the same pps last week and I thought of doing a swap of qasp shares over to behl, but didn't

Warning - word on the street is (get it?) - Cramer came out and said Gold's on fire - it'll get taken down now... if you were thinking of jumping on board now - don't risk it. CNBC is the kiss of death.

Great charts, but I think it's time to book 'em.

I agree. That's also why I'm just happy Cramer isn't spewing anything about SIRI, we definitely don't need his ass stirring up anything while the stock is still trading above .60.

I think the squeeze is on - the second the market closed, futures traders started pushing the NQ and ES up, both at new highs, and gold is hitting new highs still. Hopefully there will be some nervous covering tomorrow. My stocks were up higher today, so didn't sell yet, just sold the "insurance" half of an option pair where the original put had went up in value, and the call went to almost worthless, but has now turned back and went in the money today, so I booked a profit on that strangle afterall. One more pop and I think I can book another.